Document Type

Research Paper


This paper is submitted in partial fulfillment of the course requirements for RSCH 5500, Martin W. Sivula, Ph.D.


Improving student financial literacy has become a major goal of colleges and universities within the United States in recent years. Many schools are now instituting programs to increase student financial literacy in order to improve their students’ later quality of life and decrease student loan default rates. The purpose of this study is to assess the current financial literacy of undergraduate students at a southern New England university in order to provide insights on how such a program could be customized to the unique needs of its student body. The Jump$tart Survey was administered to 92 junior and senior students and the results were analyzed based on student knowledge of income, money management, saving, spending and credit. Significant differences concerning level of financial literacy between domestic and international students were noted, however, no significant difference gender based differences were detected. It is recommended that the colleges and universities tailor their financial literacy education program based on the cultural and ethnic differences among its student body.

Citation/Publisher Attribution

Boyland, J., Warren, R. (2013). Assessing the financial literacy of domestic and international college students. Johnson & Wales University, Providence, RI.



To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.